Thiel Fellowship: Winning $100K for Your Startup

The Capitaly article describes the Thiel Fellowship, a program founded by Peter Thiel that offers $100,000 in funding and mentorship to young entrepreneurs under 23 who drop out of college to pursue their startups full-time for two years. It outlines the eligibility criteria, emphasizing the need for a real project already in progress and a willingness to leave higher education. The piece also details the application process, highlights key benefits like the no-equity funding and valuable network, and showcases success stories of past fellows like the founders of Figma and Ethereum. Furthermore, it provides guidance on crafting a strong application and explains what makes a startup idea appealing to the Fellowship, emphasizing innovation and scalability.